Petrol prices revised down in latest adjustment

Retail sale prices of petrol products were adjusted down from 3 p.m. on May 30 by the Ministry of Industry and Trade, and the Ministry of Finance.

Accordingly, the price of E5RON92 bio-fuel was cut by VND518 to VND21,759 (US$0.85) per liter, while that of RON95-III fell by VND694 to VND22,519 per liter.

Meanwhile, the price of diesel 0.05S reduces by VND90 per liter to VND19,747 while the kerosene is now priced at VND19,931 per liter, up VND29.

Mazut oil 180CST 3.5S is sold at VND17,538 per kg, VND25 higher than the previous adjustment.

The two ministries also decided not to use the petrol price stabilization fund.

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